
DKNG
Draftkings Inc
- Overview
- Forecast
- Valuation
- Earnings

Line
|

Candle
1D
5D
1M
3M
6M
YTD
1Y
5Y
High
43.1291
Open
42.940
VWAP
42.69
Vol
8.91M
Mkt Cap
21.21B
Low
42.380
Amount
380.43M
EV/EBITDA(TTM)
--
Total Shares
484.62M
EV
21.57B
EV/OCF(TTM)
41.98
P/S(TTM)
3.96
DraftKings Inc. is a digital sports entertainment and gaming company. It provides users with online and retail sports betting (together, Sportsbook), online casino (iGaming) and daily fantasy sports product offerings, as well as digital lottery courier, media, and other product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada. It operates iGaming pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming brand. It owns Jackpocket, a digital lottery courier app in the United States. It is both an official daily fantasy and sports betting partner of the NFL, NHL, PGA TOUR, WNBA and UFC, as well as an official daily fantasy partner of NASCAR, an official sports betting partner of the NBA. It also owns and operates DraftKings Network, a multi-platform content ecosystem.
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Market Estimates
Earnings Estimates
Revenue
YoY Chg
EPS
YoYChg
FY2026Q1
FY2025Q4
FY2025Q3
1.76B
+25.2%
--
--
2.06B
+48.02%
--
--
1.40B
+27.86%
--
--
Estimates Revision
The market is revising Downward the revenue expectations for DraftKings Inc. (DKNG) for FY2025, with the revenue forecasts being adjusted by -0.53% over the past three months. During the same period, the stock price has changed by 12.65%.
Revenue Estimates for FY2025
Revise Downward

-0.53%
In Past 3 Month
Stock Price
Go Up

+12.65%
In Past 3 Month
26 Analyst Rating

27.12% Upside
Wall Street analysts forecast DKNG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DKNG is 54.32 USD with a low forecast of 45.00 USD and a high forecast of 65.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
25 Buy
1 Hold
0 Sell
Strong Buy

27.12% Upside
Current: 42.730

Low
45.00
Averages
54.32
High
65.00

27.12% Upside
Current: 42.730

Low
45.00
Averages
54.32
High
65.00
Barclays
Brandt Montour
Overweight
maintain
$51 -> $54
2025-08-08
New
Reason
Barclays
Brandt Montour
Price Target
$51 -> $54
2025-08-08
New
maintain
Overweight
Reason
Barclays analyst Brandt Montour raised the firm's price target on DraftKings to $54 from $51 and keeps an Overweight rating on the shares. The company's Q2 upside shows how hold can swing positively, and with high flow-through, the analyst tells investors in a research note. The firm believes DraftKings reaffirming its 2025 guidance should help recover medium term sentiment.
Deutsche Bank
Steven Pizzella
Hold
maintain
$37 -> $47
2025-08-08
New
Reason
Deutsche Bank
Steven Pizzella
Price Target
$37 -> $47
2025-08-08
New
maintain
Hold
Reason
Deutsche Bank analyst Steven Pizzella raised the firm's price target on DraftKings to $47 from $37 and keeps a Hold rating on the shares.
BTIG
Buy
maintain
$51 -> $53
2025-08-08
New
Reason
BTIG
Price Target
$51 -> $53
2025-08-08
New
maintain
Buy
Reason
BTIG raised the firm's price target on DraftKings to $53 from $51 and keeps a Buy rating on the shares after its "healthy" results and guidance. The firm sees room for further upward revision over the balance of the year from structural hold improvements and promo leverage, noting that its sportsbook estimates still embed "fairly modest" assumptions for further parlay mix shift and promo leverage, the analyst tells investors in a research note.
Susquehanna
Joseph Stauff
Positive
maintain
$60 -> $64
2025-08-08
New
Reason
Susquehanna
Joseph Stauff
Price Target
$60 -> $64
2025-08-08
New
maintain
Positive
Reason
Susquehanna analyst Joseph Stauff raised the firm's price target on DraftKings to $64 from $60 and keeps a Positive rating on the shares. The firm said despite the large 2Q beat, shares were flattish considering Street's ongoing skepticism of achieving a realized sports hold in-line with structural during the upcoming new US sports calendar.
Jefferies
Buy
maintain
$53 -> $54
2025-08-07
New
Reason
Jefferies
Price Target
$53 -> $54
2025-08-07
New
maintain
Buy
Reason
Jefferies raised the firm's price target on DraftKings to $54 from $53 and keeps a Buy rating on the shares after its Q2 results. A "complex set of dynamics" amid concerns over tax rates, market launches, and structural hold are alleviated by the stronger-than-expected quarter and maintained FY25 guidance, which includes these headwinds, the analyst tells investors in a research note. The seasonal tailwind from the upcoming football season, increased parlay mix, leadership in in-play, and easy comps against low hold all suggest continued momentum, the firm added.
Benchmark
Buy
maintain
$50 -> $53
2025-08-07
New
Reason
Benchmark
Price Target
$50 -> $53
2025-08-07
New
maintain
Buy
Reason
Benchmark raised the firm's price target on DraftKings to $53 from $50 and keeps a Buy rating on the shares after Q2 revenue and AEBITDA both exceeded consensus estimates. Management reiterated full-year revenue and AEBITDA guidance, noting that they expect to finish at the high end of the revenue range and the midpoint of the AEBITDA range, the analyst noted.
See All Ratings
Valuation Metrics
The current forward P/E ratio for Draftkings Inc (DKNG.O) is 52.85, compared to its 5-year average forward P/E of 128.27. For a more detailed relative valuation and DCF analysis to assess Draftkings Inc 's fair value, click here.
Forward PE
The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A
5Y Average PE
128.27
Current PE
52.85
Overvalued PE
779.11
Undervalued PE
-522.58
Forward EV/EBITDA
The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A
5Y Average EV/EBITDA
414.21
Current EV/EBITDA
20.59
Overvalued EV/EBITDA
2222.58
Undervalued EV/EBITDA
-1394.17
Forward PS
The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair
5Y Average PS
7.06
Current PS
3.09
Overvalued PS
13.91
Undervalued PS
0.20
Financials
Annual
Quarterly
FY2025Q2
YoY :
+36.95%
1.51B
Total Revenue
FY2025Q2
YoY :
-1191.39%
150.64M
Operating Profit
FY2025Q2
YoY :
+146.84%
158.13M
Net Income after Tax
FY2025Q2
YoY :
+200.00%
0.30
EPS - Diluted
FY2025Q2
YoY :
+2425.43%
140.44M
Free Cash Flow
FY2025Q2
YoY :
+8.94%
43.50
Gross Profit Margin - %
FY2025Q2
YoY :
+316.76%
7.21
FCF Margin - %
FY2025Q2
YoY :
+80.62%
10.44
Net Margin - %
Trading Trends
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
17.3M
USD
4
3-6
Months
66.6M
USD
12
6-9
Months
146.1M
USD
11
0-12
Months
29.9M
USD
3
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Hedge Fund
Hedge Funds are Neutral. There are no significant trading trends over the last quarter.
Sold
0-3
Months
0.0
Volume
0
3-6
Months
718.0K
Volume
3
6-9
Months
1.6M
Volume
6
0-12
Months
0.0
Volume
0
Bought
0-3
0
0.0
Volume
Months
3-6
9
7.9M
Volume
Months
6-9
12
9.3M
Volume
Months
0-12
0
0.0
Volume
Months
Congress Trading
Congress are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
0.0
USD
0
3-6
Months
0.0
USD
0
6-9
Months
0.0
USD
0
0-12
Months
0.0
USD
0
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
Insider
Insiders are Neutral. There are no significant trading trends over the last month.
Sold
0-3
Months
17.3M
USD
4
3-6
Months
66.6M
USD
12
6-9
Months
146.1M
USD
11
0-12
Months
29.9M
USD
3
Bought
0-3
0
0.0
USD
Months
3-6
0
0.0
USD
Months
6-9
0
0.0
USD
Months
0-12
0
0.0
USD
Months
DKNG News & Events
Events Timeline
2025-07-30 (ET)
2025-07-30
09:58:25
Nevada reports June statewide gaming win up 3.53% to $1.332B

2025-07-11 (ET)
2025-07-11
07:17:25
JPMorgan views Boyd's FanDuel stake sale as mixed

2025-07-02 (ET)
2025-07-02
10:01:56
Pro poker player Galfond says amendment to BBB could end gambling in U.S.


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News
9.5
08-09NewsfilterPinnedDraftKings Inc. (DKNG) Q2 2025 Earnings Call Transcript
6.5
08-11SeekingAlphaWhat analysts are saying about DraftKings after its earnings report
4.5
08-09BenzingaBenzinga Bulls And Bears: AMD, Apple, Eli Lilly — And Wall Street Treads Water
Sign Up For More News
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FAQ

What is Draftkings Inc (DKNG) stock price today?
The current price of DKNG is 42.73 USD — it has decreased -0.35 % in the last trading day.

What is Draftkings Inc (DKNG)'s business?

What is the price predicton of DKNG Stock?

What is Draftkings Inc (DKNG)'s revenue for the last quarter?

What is Draftkings Inc (DKNG)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Draftkings Inc (DKNG)'s fundamentals?

How many employees does Draftkings Inc (DKNG). have?
